會(huì)計(jì)數(shù)據(jù)分析 TestBank ichardson1e-Chapter05-TB

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DataAnalyticsforAccounting,1e(Richardson)

Chapter5TheModernAuditandContinuousAuditing

1)Aflatfileisasingletableofdatawithuser-definedattributes.

2)Heterogeneoussystemsrepresentonesingleinstallationorinstanceofasystem.

3)Productionsystemsarethoseactivesystemsthatcollect,report,andaredirectlyaffectedbycurrenttransactions.

4)SystemstranslatorsoftwaremapsthevarioustablesandfieldsfromvariedERPsystemsintoaconsistentformat.

5)Heterogeneoussystemsrepresentmultipleinstallationsorinstancesofasystem.

6)Adatawarehouseisarepositoryofdata,includingfinancialdata,accumulatedfrominternalandexternaldatasources,tohelpmanagementdecisionmaking.

7)TheAuditDataStandardsdefinecommontablesandfieldsthatareneededbyauditorstoperformcommonaudittasks.TheSecuritiesandExchangeCommission,orSEC,developedthesestandards.

8)Aflatfileisadoubletableofdatawithuser-definedattributes.

9)Productionsystemsarethoseactivesystemsthatcollect,report,andaredirectlyaffectedbyfuturetransactions.

10)SystemstranslatorsoftwaremapsthevarioustablesandfieldsfromvariedEMRsystemsintoaconsistentformat.

11)TheBaseStandarddefinestheorderforfilesandfieldsaswellassomemasterdataforusersandbusinessunits.

12)TheInventorySubledgerStandarddefinesproductmasterdata,locationdata,inventoryonhanddata,andinventorymovement.

13)TheGeneralLedgerStandardaddsthechartofaccounts,sourcelistings,trialbalance,andGLdetail.

14)TheProcuretoPaySubledgerStandardidentifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts.

15)TheOrdertoCashSubledgerStandardfocusesonsalesorders,accountsreceivable,shipments,invoices,cashreceiptsandadjustmentstoaccounts.

16)Anauditplanconsistssolelyofamethodologywhichdirectstheauditworkandincludessubstantivetesting.

17)Bothsimpleandcomplexdataanalyticscanbeappliedtoaclient'sdataduringtheplanningstageoftheaudittoidentifywhichareastheauditorshouldfocuson.

18)Theevaluationofauditdatamaybedistilledintoafeasibilityscore.

19)Dataanalyticsandauditautomationallowauditorstooccasionallymonitorandignorethesystemsandprocesseswithintheircompanies.

20)Continuousauditingisaprocessthatprovidesreal-timeassuranceoverbusinessprocessesandsystems.

21)Undertheguidanceofthechiefauditexecutive(CAE)oranothermanager,teamscandevelopandimplementanalyticaltechniquestoaidthefollowingauditsexcept:

A)informationsystemsaudits.

B)socialmediaaudits.

C)complianceaudits.

D)forensicauditsinthecaseoffraud.

22)Undertheguidanceofthechiefauditexecutive(CAE)oranothermanager,teamscandevelopandimplementanalyticaltechniquestoaidthefollowingauditsexcept:

A)financialstatementaudits.

B)archaicaudits.

C)processefficiencyaudits.

D)forensicaudits.

23)Undertheguidanceofthechiefauditexecutive(CAE)oranothermanager,teamscandevelopandimplementanalyticaltechniquestoaidthefollowingauditsexcept:

A)governanceaudits.

B)riskaudits.

C)managementaudits.

D)complianceaudits.

24)WhichAccountingDataStandardsledgeridentifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts?

A)BaseStandard

B)GeneralLedgerStandards

C)ProcuretoPaySubledgerStandard

D)InventorySubledgerStandard

25)WhichAccountingDataStandardidentifiesproductmasterdata,locationdata,inventoryonhanddata,andinventorymovement?

A)BaseStandard

B)GeneralLedgerStandards

C)ProcuretoPaySubledgerStandard

D)InventorySubledgerStandard

26)WhichAccountingDataStandardfocusesonsalesorders,accountsreceivable,shipments,invoices,cashreceiptsandadjustmentstoaccounts?

A)GeneralLedgerStandards

B)OrdertoCashSubledger

C)ProcuretoPaySubledgerStandard

D)InventorySubledgerStandard

27)WhichAccountingDataStandarddefinestheformatforfilesandfieldsaswellassomemasterdataforusersandbusinessunits?

A)BaseStandard

B)GeneralLedgerStandards

C)OrdertoCashSubledger

D)ProcuretoPaySubledgerStandard

28)WhichAccountingDataStandardincludesthechartofaccounts,sourcelistings,trialbalance,andGL(journalentry)detail?

A)BaseStandard

B)GeneralLedgerStandards

C)OrdertoCashSubledger

D)ProcuretoPaySubledgerStandard

29)WhichofthefollowingbestdefinestheAccountingDataStandards:InventorySubledger?

A)focusesonsalesorders,accountsreceivable,shipments,invoices,cashreceiptsandadjustmentstoaccounts.

B)identifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts.

C)addsthechartofaccounts,sourcelistings,trialbalance,andGL(journalentry)detail.

D)definesproductmasterdata,locationdata,inventoryonhanddata,andinventorymovement.

30)WhichofthefollowingbestdefinestheAccountingDataStandards:ProcuretoPaySubledger?

A)focusesonsalesorders,accountsreceivable,shipments,invoices,cashreceiptsandadjustmentstoaccounts.

B)identifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts.

C)addsthechartofaccounts,sourcelistings,trialbalance,andGL(journalentry)detail.

D)definesproductmasterdata,locationdata,inventoryonhanddata,andinventorymovement.

31)WhichofthefollowingbestdefinestheAccountingDataStandards:OrdertoCashSubledger?

A)focusesonsalesorders,accountsreceivable,shipments,invoices,cashreceipts,andadjustmentstoaccounts.

B)identifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts.

C)addsthechartofaccounts,sourcelistings,trialbalance,andGL(journalentry)detail.

D)definesproductmasterdata,locationdata,inventoryonhanddata,andinventorymovement.

32)WhichofthefollowingbestdefinestheAccountingDataStandards:GeneralLedger?

A)focusesonsalesorders,accountsreceivable,shipments,invoices,cashreceiptsandadjustmentstoaccounts.

B)identifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts.

C)addsthechartofaccounts,sourcelistings,trialbalance,andGL(journalentry)detail.

D)definestheformatforfilesandfieldsaswellassomemasterdataforusersandbusinessunits.

33)WhichofthefollowingbestdefinestheAccountingDataStandards:BaseStandard?

A)focusesonsalesorders,accountsreceivable,shipments,invoices,cashreceiptsandadjustmentstoaccounts.

B)identifiesdataneededforpurchaseorders,goodsreceived,invoices,payments,andadjustmentstoaccounts.

C)addsthechartofaccounts,sourcelistings,trialbalance,andGL(journalentry)detail.

D)definestheformatforfilesandfieldsaswellassomemasterdataforusersandbusinessunits.

34)Whichofthefollowingdescribesahomogenoussystemsapproach?

A)ensuresthatallofitsdivisionsandsubsidiariesuseauniforminstallationofthechosenERPsystem

B)allowsalldivisionsandsubsidiariesusetheERPsystemthatworksbestforeachlocation

C)providesasingletableofdatawithuser-definedattributesthatisstoredseparatefromanyapplication

D)mapsthevarioustablesandfieldsfrommultipleERPsystems

35)Whichofthefollowingdescribesanexampleofaflatfile:

A)ensuresthatallofitsdivisionsandsubsidiariesuseauniforminstallationofthechosenERPsystem

B)allowsalldivisionsandsubsidiariesusetheERPsystemthatworksbestforeachlocation

C)providesasingletableofdatawithuser-definedattributesthatisstoredseparatefromanyapplication

D)mapsthevarioustablesandfieldsfrommultipleERPsystems

36)Whichofthefollowingdescribesanexampleofaproductionsystems:

A)collects,reports,andisdirectlyaffectedbycurrenttransactions.

B)allowsalldivisionsandsubsidiariestousetheERPsystemthatworksbestforeachlocation.

C)providesasingletableofdatawithuser-definedattributesthatisstoredseparatelyfromanyapplication.

D)mapsthevarioustablesandfieldsfrommultipleERPsystems.

37)Whichofthefollowingdescribesaheterogeneoussystemapproach:

A)collects,reports,andisdirectlyaffectedbycurrenttransactions.

B)allowsalldivisionsandsubsidiariestousetheERPsystemthatworksbestforeachlocation.

C)providesasingletableofdatawithuser-definedattributesthatisstoredseparatelyfromanyapplication.

D)mapsthevarioustablesandfieldsfrommultipleERPsystems.

38)Whichofthefollowingisanexampleofsystemstranslatorsoftware:

A)collects,reports,andisdirectlyaffectedbycurrenttransactions.

B)allowsalldivisionsandsubsidiariestousetheERPsystemthatworksbestforeachlocation.

C)providesasingletableofdatawithuser-definedattributesthatisstoredseparatelyfromanyapplication.

D)mapsthevarioustablesandfieldsfrommultipleERPsystems.

39)________ensuresthatallofitsdivisionsandsubsidiariesuseauniforminstallationofoneERPsystem.________allowsfortheuseofboltonthesystemsofcompaniesthatareacquiredandusesaseriesoftranslatorstoconverttheoutputofvarioussystemsintousablefinancialinformation.

A)Continuousreporting;continuousmonitoring

B)Continuousmonitoring;continuousreporting

C)Theheterogeneoussystemsapproach;thehomogenoussystemsapproach

D)Thehomogenoussystemsapproach;theheterogeneoussystemsapproach

40)________constantlyevaluatesinternalcontrolsandtransactionsand________providesthestatusofthesystemsothatanauditorcanknowatanygiventimewhetherthesystemisoperatingwithintheparameters.

A)Continuousreporting;continuousmonitoring

B)Continuousmonitoring;continuousreporting

C)Theheterogeneoussystemsapproach;thehomogenoussystemsapproach

D)Thehomogenoussystemsapproach;theheterogeneoussystemsapproach

41)Continuousauditingreliesheavilyonalarms,whichareessentiallynotificationsofaclassificationproblem.A________occurswhentoomanyalarmsarefalsepositives.

A)Floodofalarms

B)Exceptionreport

C)Anegativeevent

D)Informationoverload

42)Continuousauditingreliesheavilyonalarms,whichareessentiallynotificationsofaclassificationproblem.A________occurswhenanormaltransactionisclassifiedasproblematic.

A)Falsenegative

B)Truenegative

C)Truepositive

D)Falsepositive

43)Continuousauditingreliesheavilyonalarms,whichareessentiallynotificationsofaclassificationproblem.A________occurswhenanabnormaltransactionisclassifiedasproblematic.

A)Falsenegative

B)Truenegative

C)Truepositive

D)Falsepositive

44)Continuousauditingreliesheavilyonalarms,whichareessentiallynotificationsofaclassificationproblem.A________occurswhenanormaltransactionisnotclassifiedasproblematic.

A)Falsenegative

B)Truenegative

C)Truepositive

D)Falsepositive

45)Continuousauditingreliesheavilyonalarms,whichareessentiallynotificationsofaclassificationproblem.________isanabnormaltransactionisnotclassifiedasproblematic.

A)Falsenegative

B)Truenegative

C)Truepositive

D)Falsepositive

46)A________isarepositoryofdataaccumulatedfrominternalandexternaldatasources,includingfinancialdata,tohelpmanagementdecisionmaking.

A)flatfile

B)datawarehouse

C)homogenoussystem

D)heterogeneoussystem

47)Chapter5discussestheessentialpropertiesofworkingpapers.Withrespecttodataanalytics,workingpapersshouldcontainthefollowingitemsexcept:

A)workprogramsusedtodocumenttheauditprocedurestocollect,manipulate,model,andevaluatedata

B)evidence,includingperformanceevaluations,ofthecompetencyoftheauditorscompletingtheworkingpaper.

C)databasemapsanddatadictionariesthatdefinethelocationandtypesofdataauditorswillanalyze

D)documentationaboutexistingautomatedcontrols,includingparametersandvariablesusedforanalysis

48)Chapter5discussestheessentialpropertiesofworkingpapers.Withrespecttodataanalytics,workingpapersshouldcontainthefollowingitemsexcept:

A)workprogramsusedtodocumenttheauditprocedurestocollect,manipulate,model,andevaluatedata

B)evidence,includingdataextracts,transformeddata,andmodeloutputthatprovidessupportforthefunctioningcontrolsandmanagementas